preference model
31consumer preference — The way in which consumers in a free market choose to divide their total expenditure in purchasing goods and services. Using a limited number of assumptions, an individual s preferences can be built up into a utility function (see consumer… …
32Contingent valuation — is a survey based economic technique for the valuation of non market resources, such as environmental preservation or the impact of contamination. While these resources do give people utility, certain aspects of them do not have a market price as …
33Approval voting — is a single winner voting system used for elections. Each voter may vote for (approve of) as many of the candidates as they wish. The winner is the candidate receiving the most votes. Each voter may vote for any combination of candidates and may… …
34Real estate appraisal — Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an… …
35Trade-off theory of capital structure — The trade off theory of capital structure refers to the idea that a company chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The classical version of the hypothesis goes back to Kraus and… …
36Belief revision — is the process of changing beliefs to take into account a new piece of information. The logical formalization of belief revision is researched in philosophy, in databases, and in artificial intelligence for the design of rational agents.What… …
37Choice modelling — attempts to model the decision process of an individual or segment in a particular context. Choice modelling may also be used to estimate non market environmental benefits and costs[1]. Well specified choice models are sometimes able to predict… …
38Myers-Briggs Type Indicator — Carl Jung in 1910. Myers and Briggs extrapolated their MBTI theory from Jung s writings in his book Psychological Types. The Myers Briggs Type Indicator (MBTI) assessment is a psychometric questionnaire designed to measure psychological… …
39Choice Modelling — attempts to model the decision process of an individual or segment in a particular context. Choice modelling may also be used to estimate non market environmental benefits and costs [Jeff Bennet University of Queensland… …
40Decision field theory — (DFT), is a dynamic cognitive approach to human decision making. It is a cognitive model that describes how people make decisions rather than a rational model that prescribes what people should do. It is also a dynamic model of decision making… …
